Word: exporting
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Dates: during 1960-1969
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...most dramatic play to date in an unprecedented resolution adopted by the annual meeting of the U.S. Chamber of Commerce in Washington. With only a handful of the 3,800 delegates muttering disapproval, that normally conservative body urged the Government to pull down its barriers against the export of nonstrategic goods to the Soviet Union and its European satellites. Such controls, said the Chamber, "are not necessary for the security of the U.S. and result in discrimination harmful to its competitive position...
...strategic goods could be the West's secret weapon for exposing Communism's weakness as a system for providing a better life for its people." But beneath such philosophy is usually a more pragmatic conviction that the U.S. is simply losing a lot of good export business because the Communists can get almost anything they want from the U.S.'s trade-with-anybody allies in Europe. Western sales to the Soviet bloc are growing by 10% a year, but the U.S. wrote up less than 2%, or $166 million, of last year's $4.2 billion total...
...office accounting machines and computers are selling well in most of the world, particularly in Japan. A worldwide building boom is pushing up sales of earth-moving equipment; Caterpillar Tractor's first-quarter exports are up 17%. Because of increased mining activity, mainly in Canada, South America and Africa, export sales of the Denver Equipment Co., one of the leading U.S. makers of mining equipment, rose 45% in the first quarter above their year-ago level. The recent sale of 29 Boeing 727 medium-range jetliners to foreign airlines has reversed a three-year decline in U.S. aircraft exports...
...Government has helped U.S. businessmen win more sales abroad by setting up exhibition centers for U.S. products, ordering its commercial attaches to help U.S. firms find customers, and offering export insurance that takes much of the risk out of doing business with foreign customers. The expansion of U.S. banks abroad has also aided American companies overseas. Widespread inflation-which raises the price of foreign goods and makes U.S. products relatively less expensive-is helping sell more U.S. goods abroad. Because of Europe's inflation and labor shortage, many U.S. companies with European subsidiaries are hiking their exports of goods...
...Communist China is busily shipping Peking ducks to Havana, and in return is importing giant Cuban-bred bullfrogs for the few Chinese gourmets who can still afford them. Red China's trade may become even more exotic. A French medical journal reported last week that Red China will export, in addition to hair for wigs and skins for sausages, " 'parts of human anatomy,' vulgarly known as 'stiffs.' " The journal did not comment on the reasons for an oversupply of corpses in Red China...